Big banks fight for share of new mining growth

Financing options for mining projects are again becoming more plentiful, but lenders are picky about where they put their money, transactions are smaller and more focused, and there are not enough projects ready to be financed and built, bankers said at the start of a New York mining finance conference this week.

Alastair Sharp in New York

Big banks fight for share of new mining growth

Financing options for mining projects are again becoming more plentiful, but lenders are picky about where they put their money, transactions are smaller and more focused, and there are not enough projects ready to be financed and built, bankers said at the start of a New York mining finance conference this week.

Alastair Sharp in New York

And for at least one big global bank the emergence of alternative sources of financing, and in particular private debt, is seen as a positive trend of which it is looking to actively take advantage, at least while syndicated debt remains challenging.